This commentary will focus on the first 60-90 minutes after the Opening Bell. However, our strategies can and will provide setups the entire trading day.

The Easiest Way To prepare for Scalp Trading the ES E-Mini Futures.

Pre-Market Analysis:

LIVE Detail Chart Analysis and Reviews provided in ES LIVE with digital video and audio.

So we watched our ES 5 Minute Complete rules and Market Cycle Analysis conditions for evidence of setups from Candlestick analysis, chart formations and patterns and price action.

Price action continued to repeat the mini market cycles over the last few trading days and after-hours. Overnight price action found minor resistance and crossed below the 20MA with a series of lower highs and lower lows heading into the pre-market and opening bell. The 20MA continues to converge downward below the 200MA. Overnight price action retraced in pre-market and heading into the opening bell.

Economic News:

Pre-market Economic news and reports…

 

Every Day we use the following Scalp Trading Strategies…

Mastering-the-Market-Cycle2

Explanation:

After the opening bell, price action moved lower for a few minutes and reversed  back above the 20MA and the opening bell. We patiently waited for confirmation of a higher low above the opening bell. We took an ultra-aggressive entry LONG based on the flag pattern breakout and price action went in our favor and we captured 2.0+ points profit.

Mini Market Cycles Analysis: